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Conflict of Interest Policy Details Policy & Procedure Owner Approved by Date Approved May 2018 Abbreviations ACFID ERFA Definitions ACFID Member Board Members Donor Partner Primary Stakeholder (beneficiary)
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A conflict of interest policy is a set of guidelines designed to help individuals identify and manage situations where their personal interests might conflict with their professional obligations.
Typically, employees, board members, and anyone in a position of influence within an organization are required to file a conflict of interest policy.
To fill out a conflict of interest policy, individuals generally need to disclose potential conflicts, provide relevant details about their affiliations, and sign the document to acknowledge their understanding and compliance.
The purpose of a conflict of interest policy is to maintain transparency, protect the integrity of the organization, and ensure that decisions are made in the best interest of the organization rather than personal gain.
Individuals must report any relationships, financial interests, or outside activities that could potentially influence their decision-making or actions within the organization.
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